Latest Labor economy News

Facebook to overhaul ad targeting to prevent discrimination

Mar. 19, 2019 5:47 PM EDT

SAN FRANCISCO (AP) — Facebook will overhaul its ad-targeting systems to prevent discrimination in housing , credit and employment ads as part of a legal settlement. For the social network, that's one major legal problem down, several to go, including government investigations in the U.S. and Europe over...

The Latest: Barnier: May must explain Brexit delay reasoning

Mar. 19, 2019 12:28 PM EDT

LONDON (AP) — The Latest on Britain's exit from the European Union (all times local): 4:25 p.m. The European Union's Brexit negotiator says Prime Minister Theresa May must explain to EU leaders this week exactly why she wants an extension to the Brexit deadline beyond March 29. Michel Barnier said Tuesday...

Alan Krueger, noted economist who served Obama, has died

Mar. 18, 2019 5:40 PM EDT

Alan Krueger, a groundbreaking Princeton University economist who served as a top adviser in two Democratic administrations and was an authority on the labor market, has died, according to a statement from the university Monday. The economist took his own life during the weekend, according to a separate statement...

Paris cleans up riot debris as support fades for protesters

Mar. 17, 2019 12:12 PM EDT

PARIS (AP) — Business owners, city employees and construction workers dug in Sunday to clean up one of the world's most glamorous avenues, after riots by ultraviolent yellow vest protesters trashed the Champs-Elysees in Paris to express anger at French President Emmanuel Macron's economic policies. Luxury...

US job openings rise, outnumber the unemployed by 1 million

Mar. 15, 2019 11:50 AM EDT

WASHINGTON (AP) — U.S. employers posted nearly 7.6 million open jobs in January, near a record high set in November, evidence that businesses are still hungry for workers despite signs the economy has slowed. The Labor Department said Friday that hiring also rose and the number of people quitting their...

Pakistan standoff helps India's Modi shift focus from jobs

Mar. 15, 2019 1:40 AM EDT

NEW DELHI (AP) — A standoff with nuclear rival Pakistan appears to have given Indian Prime Minister Narendra Modi, head of the Hindu nationalist Bharatiya Janata Party, a boost ahead of national elections set to begin in April. After a suicide bombing killed 40 soldiers in Indian-controlled Kashmir,...

Eastman Chemical, Conduit Global cutting jobs in Tennessee

Mar. 14, 2019 4:38 PM EDT

MEMPHIS, Tenn. (AP) — Eastman Chemical Co. said Thursday that it is cutting an undisclosed number of jobs globally, citing "the ongoing U.S.-China trade dispute" and an economic slowdown in Europe. In a statement from company spokeswoman Betty Payne, the chemical and plastics manufacturer said it has seen...

Correction: Job Market-Workers Come Off Sidelines-ABRIDGED

Mar. 13, 2019 3:49 PM EDT

WASHINGTON (AP) — In a story March 7 about (topic), The Associated Press reported erroneously that the IT services provider TEKsystems is headquartered in Charlotte, North Carolina. Its headquarters are actually in Hanover, Maryland. A corrected version of the story is below: A hot US job market is coaxing...

Correction: Job Market-Workers Come Off the Sidelines story

Mar. 13, 2019 3:37 PM EDT

WASHINGTON (AP) — In a story March 7 about strong hiring drawing more people into the workforce, The Associated Press erroneously reported that TEKsystems is headquartered in Charlotte, North Carolina. Its headquarters is actually in Hanover, Maryland. The AP also erroneously reported that half of men...

US consumer prices rose 0.2 percent in February

Mar. 12, 2019 9:25 AM EDT

WASHINGTON (AP) — U.S. consumer prices rose 0.2 percent in February, pushed up slightly by higher gasoline and housing costs even as the prices for autos and clothing slumped. The Labor Department said Tuesday that the consumer price index rose a modest 1.5 percent last month from a year ago. Inflation has...